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The Meta CEO reportedly plans for the company to launch a prediction market independent of its other apps allowing users to place wagers using a points system rather than money. Go to Source
Mark Zuckerberg has directed a small team at Meta to build a standalone prediction markets app internally codenamed “Arena,” the New York Times reported Tuesday, citing two employees with knowledge of the plans. Meta declined to comment on the project. But according to the Times report, the Arena application is a top internal priority for … Read more
Michael Selig told US cotton producers that the agency’s regulatory approach to crypto perpetual futures may not be a “natural fit for traditional commodity markets, like agriculture.” Go to Source
Kalshi has added India to its list of 55 restricted jurisdictions, months after Indian authorities warned VPN providers to stop facilitating access to these platforms. Go to Source
Prediction market traders on Kalshi are pricing only a 19% to 22% chance that bitcoin crosses $100,000 before January 2027, with over $10 million wagered across timing contracts tied to the CF Bitcoin Real-Time Index. Where the Money Is Going Bitcoin is trading near $64,600 as of Monday, June 22, 2026, sitting roughly 50% below … Read more
A Wall Street Journal investigation reports that Polymarket struck a multimillion-dollar deal with streamer Adin Ross and promoted dozens of his videos – at least five of which laid out ways to trade on inside information. A celebrity deal under scrutiny Polymarket struck a multimillion-dollar promotional deal with the streamer Adin Ross, according to a … Read more
Polymarket paid a network of social-media creators to stage bets and winnings on near-perfect replicas of its website, a Wall Street Journal investigation found. This was part of a campaign aimed at U.S. users; the platform is legally barred from serving. Bets that never happened Polymarket paid mostly college-age social-media creators to stage bets, and … Read more
Kalshi has opened informal talks with investment banks about a possible initial public offering, according to a report from The Information published this week. According to The Information report, the discussions are early stage. There is no S-1 filing, no banker selected and no public timeline. People close to the matter told the publication’s reporter … Read more
Prediction markets set a weekly trading record as volume reached $10.8 billion, according to A16z crypto. The surge coincided with major finance, sports, and geopolitical events, with activity topping the $10 billion mark for the first time. Prediction Markets Hit a Record $10.8 Billion in Weekly Trading Volume Data from venture capital firm Andreessen Horowitz’s … Read more
Republican Rep. Bryan Steil has introduced the Stop Lawmakers from Predicting Act, a bill that would bar House members, their spouses and their children from wagering on political and policy outcomes via prediction markets. A New Line Between Lawmaking and Betting Rep. Bryan Steil (R-Wis.), chairman of the Committee on House Administration, unveiled the measure … Read more